Latest Business News
CI Capital reports EGP 3.1bn in revenues, EGP 517m in net profit during 1H23
Company’s revenues increase 92% y-o-y
Egypt’s unemployment inches down to 7% in 2Q 2023: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced a…
Islamic finance in Egyptian market exceeds EGP 600bn in 1H 2023: El-Beltagy
Mohamed El-Beltagy, President of the Egyptian Islamic Finance Association, has said that…
Egypt discovers new oil field in Geisum & Tawila West Concession in Gulf of Suez
Cheiron has announced a new oil discovery in the Geisum & Tawila…
AfCFTA introduces pan-African payments system, to facilitate cross-border trade in local currencies: Wamkele Mene to DNE
Johannesburg – The African Continental Free Trade Area (AfCFTA) has introduced a…
BRICS Summit kick-starts with expansion on top of agenda
Johannesburg – China and South Africa, two of the members of the…
Emaar Misr, Emaar Hospitality Group inaugurate Address Beach Resort Marassi with EGP 5bn investments
Emaar Misr inaugurated the new Address Beach Resort Marassi, in Marassi located…
Economic crisis continues to take toll on Egyptian stocks as investors ask for risk premium
Stocks became less attractive as treasury bills offer higher yield: Nagla
Trade Minister amends law No.118/1975 on import, export
Minister of Trade and Industry Ahmed Samir issued a decision to amend…
Prime Minister orders amending Capital Market Law
Prime Minister Mostafa Madbouly has issued a decision to amend some provisions…